News Ultra Music Publishing acquires Wheezy’s back catalog, inks new go-forward deal Patrick Moxey's company has signed a deal for 427 songs from Wheezy's, catalog plus future works
News Metaverse studio Karta expands to ZEPETO, targeting fashion-forward audience ZEPETO has built a user base of 400 million on the strength of its virtual fashion marketplace
News SM Entertainment trims 2025 revenue goal by 22% after Q4 2023 revenue falls 3.4% The K-pop giant has trimmed its revenue target for 2025 from KRW 1.8 trillion to KRW 1.4 trillion
News Daniel Ek cashes out another $57.5m in Spotify stock, just three months after he banked $64m, and 6 months after he offloaded $100m in shares Ek sold his shares at a time when Spotify's stock price is at its highest level since late 2021
News CTS Eventim’s revenues blow past expectations, jump 22.5% in 2023 to $2.5B Ticketing revenues grew more than 32%, while live event revenues jumped by nearly 19%
News Africa-focused music streaming service Mdundo hits 30.8M monthly active users The company reported a steep drop in ad revenue, but large growth in paid subscribers
News Jermaine Dupri’s So So Def Recordings joins forces with Create Music Group in multi-year deal So So Def founder Jermaine Dupri will transition from CEO to Chairman of the company, retaining creative direction
News UK music licensing company PPL paid out over $352m to performers and rightsholders in 2023 PPL credits its 2023 performance to the ongoing recovery from the pandemic, with more businesses reopening in the UK and globally
News Karen Vincent elevated to General Manager of Warner Music Denmark The 25-year veteran of the music industry most recently served as Warner Music Denmark's Marketing Director
News Lina Tebbs named Director, UK Production Music at Warner Chappell Music Tebbs will aim to reinvigorate the Production Music team by exploring new approaches to cater to Warner Chappell's extensive catalog
News Mike Caren’s APG makes string of promotions, including Eli Piccarreta to SVP, A&R APG says it has signed and broken more than 20 artists with gold or platinum selling status and achieved more than 300 RIAA certifications
News Megan Thee Stallion inks distribution deal with Warner Music that allows her to remain independent The deal has the potential to "shift the landscape in the music industry," Says Roc Nation's Desiree Perez
News Music Reports acquires music licensing and data platform Blokur Independent music rights administration platform Music Reports says its acquisition of Blokur is meant to complement its existing services and technology
News Natasha Billing named SVP, Commercial and Data Insight at Warner Music UK; Nick Allum upped to VP, Data and Insight Warner says the new appointments are meant to elevate the quality of service provided to labels and partners
News Sony Music Publishing UK appoints ZaZa Kazadi, Adrienne Bookbinder, Nasra Artan to senior A&R roles The new appointments come some two months after Sony Music Publishing UK reshuffled its A&R department